The demise of the American Health Care Act should please investors for now. However, the risks of changing health policy have shifted rather than evaporated. Passage of the AHCA, meant to replace the law known as Obamacare, seemed unlikely from the start without some major revisions. Friday’s abrupt withdrawal of the bill from the House of Representatives significantly lowers the chances of a new health law passing soon. Provisions in the bill, such as a rollback of Medicaid expansion and the removal of a mandate to cover certain types of ...

Source: Wall Street Journal March 25, 2017 20:37 UTC